(Media release from AAA – The Auto Club Group):
Georgia gas price average declined at the pump compared to a week ago. Georgia drivers are now paying an average price of $3.34 per gallon for regular unleaded gasoline (subject to change overnight). Monday’s state average is 5 cents less than a week ago, 52 cents more than a month ago, and 10 cents more than this time last year. It now costs $50.10 to fill a 15-gallon tank of regular gasoline. Drivers are now paying almost $2.00 more to fill up at the pump compared to a year ago.
“Georgians finally felt relief at the pumps this weekend,” said Montrae Waiters, AAA-The Auto Club Group spokeswoman. “Despite rising gas demand across the U.S. and recently elevated oil prices, the growth in total supply has helped to limit pump price increases.”
National Average Dips Lower as Supply Expands
Since last Monday, the national average for a gallon of regular gasoline has decreased by 3 cents to $3.47. According to data from the Energy Information Administration, gas demand rose from 8.14 to 8.49 million barrels a day last week. Meanwhile, total domestic gasoline stocks increased by 2.6 million barrels to 234.6 million barrels. At the close of last Wednesday’s formal trading session, WTI decreased by $2.46 to settle at $76.41. Crude prices fell last week after the U.S. Federal Reserve increased interest rates and signaled that more increases are possible. As a result, the market believes oil demand could be less than expected this year, pulling prices down.
Current and Past Price Averages (Regular Unleaded Gasoline)
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|Click here to view current gasoline price averages|
Money-Saving Tips for Drivers
- Shop around for gas prices. Drivers can check area gas prices on the Fuel Price Finder.
- Consider paying in cash vs. a credit card. Some retailers charge extra per gallon for customers who pay with a credit card.
- Enroll in fuel savings programs.
Fuel-Saving Tips for Drivers
- Maintain your vehicle to ensure the best fuel economy. Find a trusted automotive facility at AAA.com/AutoRepair.
- Combine errands to limit driving time.
- Slow down. Fuel economy diminishes significantly at highway speeds above 50 mph. Drive conservatively and avoid aggressive driving. Aggressive acceleration and speeding reduce fuel economy.
Traffic Safety Tip: AAA-The Auto Club Group “Move Over For Me” Campaign
“Drivers, if you see a disabled vehicle on the roadside while traveling, be courteous and Move Over,” said Waiters. “Remember the person who broke down could be you, a friend, a family member, a coworker, or a neighbor. Move Over for the safety of others and because it is the right thing to do!”
Video: Move Over For Me PSA
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.